Question: I am really struggling with case study, please help. Table 3 : Mobile Coffee Express Balance Sheet ( December 31 , 2018 ) Assets Liabilities


I am really struggling with case study, please help.


Table 3 : Mobile Coffee Express Balance Sheet ( December 31 , 2018 ) Assets Liabilities & Equity Cash $3, 000, 000 Current liabilities $ 3, 600, 000 Accounts Receivable 2,000, 000 Mortgages payable* 5. 900, 000 Inventory 7,000, 000 Common stock 14, 800, 000 Land 7, 250, 000 Retained Earnings 9, 700, 000 Fixed assets ( net ) 14, 750, 000 Total Liabilities & Equity* $ 34, 000, 000 Total Assets $34,000, 000 Table 4 : JHC and Mobile additional data ( December 31 , 2018 ) Item JHC Mobile* Earnings available for $29, 000, 000 58, 80.0, 000 common stock Number of shares of 7, 000, 000 3, 400, 000 Common Stock Market price per share $ 43. 30 $ 20* (" Estimated by THE !*Table 1 : Estimated Incremental Cash Flows over 30 years for combined company Table 2 : Mobile Coffee Express Earnings Year 1 $ 19, 200, 000 Year EPS Year EPS Year 2 $ 18, 900, 000 2011 $ 1. 85 2015 $ 2.95 Year 3 $ 19, 900, 000 2012 $ 2.00 2016 53.25 Year 4 $ 22, 350, 000 2013 $ 2 . 20 2017 53.45 Year 5 $ 26, 900, 000 2014 $ 2.65 2018 $3.70 Year 6 - 30 $ 28, 000, 000 ( per yr. )
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